Saturday, October 3, 2009

Swing Dynamics On The First Hour

Here is an example of the first Hour of trading in the E-Mini S&P when the swings are the wildest and most volatile and there is no discernable trend for about 1 hour and 20 minutes. Then the price action begins to give clues of direction after the third swing high and that is the best time to initiate a Low Risk Entry.

This trade was good for + 4.5 Points

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